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The U.S. dollar climbs higher Thursday despite weaker-than-expected economic data, after the Federal Reserve’s January meeting minutes a day earlier failed to put another dovish damper on market sentiment.
Sales of previously-owned homes declined for the third month in a row, price growth is tepid, and properties aren’t flying off the market the way they used to - all signs of a cooling housing market. The question now is, will it perk up in the spring?
Crude-oil futures finish lower Thursday after a U.S. government report revealed that domestic supplies of the commodity climbed for a fifth straight week, but signs of declines in world-wide output cap the day’s price losses.
President Donald Trump on Thursday blasted actor Jussie Smollett after he was charged with making a false police report, and said he wanted U.S. companies to move faster in developing next-generation wireless technology.